Ujjivan, Arohan, Asirvad lower lending rate from January
Written by: Planify
Published: 29 January 2025
Updated: 29 January 2025
1 min read
Microfinance-focused lenders such as Ujjivan Small Finance Bank, Arohan Financial Services and Asirvad Micro Finance have lowered lending rates by 75 basis points to 250 basis points in January, responding to the regulator’s call to adopt a "fair, reasonable and transparent" pricing policy on advances to some of India's most vulnerable borrowers.
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